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Jobs Climate Slows But Jobless Rate Falls for Older Workers

Posted on 04/5/2013 by | Money and Work | Comments

Bulletin Today | WorkA spring slowdown may be in store on the jobs front. Companies added a scant 88,000 employees to payrolls in March — the weakest hiring in nearly a year and deeply below economists’ expectations. But the unemployment rate that dipped slightly for all workers last month fell more dramatically for older adults,  the government reported Friday. The jobless rate for workers age 55-plus slid to 5.5 percent in March from 5.8 percent the month before. Among men in that age group, …

Home Health Aides — More Than Just Babysitters

Posted on 04/5/2013 by | Caregiving | Comments

Caregiving | Home & Family | Work | Your LifeThe subject of raising the minimum wage has been a theme in the news for the last several weeks. You might be surprised to learn that many home health aides will see no benefit from any possible bump to the current $7.25 an hour rate — I know I was, when I read an article from CNN Money posted on one of my new favorite blogs, The Voice of Aging Boomers. It turns out that many home health aides are grouped …

Help for 50-Somethings Short on Retirement Funds

Posted on 04/4/2013 by | AARP Blog Author | Comments

Money & Savings | WorkThe following is a guest post from Barbara Friedberg. There is no shortage of people in their 50s with little retirement savings. Pension plans like the ones our parents’ generation relied on are few and far between. Those 401(k) balances aren’t as high as we hoped. Social Security still faces the possibility of the “chained CPI” COLA proposal. Most of us, like my friend Seth, haven’t saved enough. Seth lives in New York City and earned a mid six-figure salary …

Age Wave Brings New Career Options for Boomers

Posted on 03/29/2013 by | AARP Blog Author | Comments

Money & Savings | WorkA staggering number of people in the United States remain unemployed, with more workers over age 45 remaining out of work for a year or longer. As Chris Jansing explains in this segment of the NBC Nightly News “Road to Retirement” series, many Americans — especially people 50+ — are taking advantage of the age wave to reinvent their careers or strike out on their own. That was the case with Roseann Brown, 59, who now works as a fitness instructor to …

Exit the Cubicle. Get Ready to Work From Home.

Posted on 03/25/2013 by | Money and Work | Comments

WorkMore of us could be working in our comfortable sweatpants and slippers within the next seven years. A study by the software company Intuit predicts that more than 40 percent of the U.S. labor force — some 60 million people — may never step foot in the office because we’ll be a nation of  freelancers, contractors or temporary employees working remotely. [See also: Job tips for workers 50-plus] Already itching to bolt from your cubicle?  The Intuit 2020 report projects this scenario …

Cutting Benefits: Washington’s New Way to Thank Veterans for Their Service

Posted on 03/22/2013 by | AARP Media Relations Team | Comments

Politics | WorkThis week AARP highlights the financial losses veterans would face if a COLA cut known as Chained or Superlative CPI ever became law.  It seemed unlikely that after setting such a different agenda, rumors would still persist that the President wants to cut benefits for children, veterans, people with disabilities, widows, and older Americans in his budget.  If the President also thinks that making such a proposal doesn’t doom his chances to win the House back from GOP control, we …

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